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FMO commits to ambitious climate targets with Dutch financial sector

June 26, 2018

Together with fourteen other Dutch financial institutions, FMO signed ‘The Spitsbergen Ambition’, a commitment to fight climate change through investments and financing. Signatories agree to reduce CO2-emissions and will measure and externally report on the climate impact of their investments and financing. They will also use the climate scenario-analyses and Science Based Targets to meet the targets of the Paris Agreement.

FMO is proud to be part of this initiative of the Dutch financial sector. The Spitsbergen Ambition fits perfectly with FMO’s Sustainability Policy and our strategic priority to contribute to Sustainable Development Goal 13. Through our investments in developing countries, we pledge to contribute to limiting global temperature increase to 2°C and preferably 1.5°C.